Genco generated $35 million in unlevered free cash flow last year and is expected to grow at an annual rate of 2.00% in perpetuity going forward. The firm has a 9.00% cost of equity, a 7.25% weighted average cost of capital and a 30% tax rate. Genco has $80 million in outstanding debt and $25 million in excess cash. What is Genco's implied intrinsic total equity value?